20-F: FY2024 Annual Report

JD.com delivered robust financial results for fiscal year 2024, with total revenue reaching RMB1,158.8 billion (US$158.8 billion), representing a 6.8% YoY increase. Net income soared 92% YoY to RMB44.7 billion (US$6.1 billion), while operating profit grew 48.8% to RMB38.7 billion. The company declared an annual cash dividend of US$0.50 per share for shareholders.The company's core segments showed strong performance, with JD Retail generating revenue of RMB1,015.9 billion and operating income of RMB41.1 billion. JD Logistics contributed revenue of RMB182.8 billion with operating income of RMB6.3 billion, while New Businesses recorded revenue of RMB19.2 billion. The company maintained a strong financial position with RMB193.8 billion in available credit facilities.Strategic initiatives included the announced acquisition of the remaining 36.43% stake in Kuayue Express and the initiation of a "Going Private" transaction for its Dada subsidiary. The company demonstrated solid operational infrastructure with future IDC service commitments of RMB3.9 billion and capital commitments of RMB5.8 billion for construction and warehouse purchases.

JD.com delivered robust financial results for fiscal year 2024, with total revenue reaching RMB1,158.8 billion (US$158.8 billion), representing a 6.8% YoY increase. Net income soared 92% YoY to RMB44.7 billion (US$6.1 billion), while operating profit grew 48.8% to RMB38.7 billion. The company declared an annual cash dividend of US$0.50 per share for shareholders.The company's core segments showed strong performance, with JD Retail generating revenue of RMB1,015.9 billion and operating income of RMB41.1 billion. JD Logistics contributed revenue of RMB182.8 billion with operating income of RMB6.3 billion, while New Businesses recorded revenue of RMB19.2 billion. The company maintained a strong financial position with RMB193.8 billion in available credit facilities.Strategic initiatives included the announced acquisition of the remaining 36.43% stake in Kuayue Express and the initiation of a "Going Private" transaction for its Dada subsidiary. The company demonstrated solid operational infrastructure with future IDC service commitments of RMB3.9 billion and capital commitments of RMB5.8 billion for construction and warehouse purchases.